CA CONTROLLER LAUNCHES EFFORT TO ANALYZE TAX REFORMS

According to a press release from the CA Controller: With momentum building for comprehensive tax reform in California, State Controller Betty T. Yee today appointed a Council of Economic Advisors to assess the impact of proposals across the spectrum of taxpayer constituencies.

The nine-member council will include experts from a variety of backgrounds including academia, economics, business, and government. The group’s core objective is to review and comment on the potential impacts of numerous tax reform proposals. Working with data from the California Board of Equalization, California Franchise Tax Board, and State Controller’s Office, the council members will assess the workability of proposals including practical effects, unintended consequences, and prospective alternatives. Controller Yee will convene the first meeting of the council in Sacramento in May.

Click here for more information on the Controller’s Council of Economic Advisers.